New SIFMA White Paper: "The Evolving Role of Compliance"


SIFMA's latest white paper -- "The Evolving Role of Compliance" -- examines the responsibilities, opportunities and limitations of the Compliance function in the evolving financial industry. The financial crisis, globalization, the use of new technologies, and new, complex and expanded regulatory requirements have significantly altered securities firms and the operations of their Compliance functions. This change has led to an enhanced role for Compliance, but it has also created the risk of blurring the line between Compliance and business supervision. "The Evolving Role of Compliance" offers recommendations to assist senior management, regulators and compliance personnel in defining the appropriate role of Compliance in an increasingly complex and variable environment. This white paper is a collaborative effort between SIFMA, the SIFMA Compliance & Legal Society, and the SIFMA Compliance and Regulatory Policy Committee.

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